October 2017 – Yatala Industrial Overview
23 October, 2017 / Vanessa Rader and Lisa Dunne / Download Research

2017 has been a positive year for the Yatala Enterprise Region, with elevated sentiment resulting in a strong demand to buy and improving occupancy levels. Private Investors and owner occupiers continue to compete to purchase stock due to the affordable cost of debt; more so however has been the growing number of owner occupiers seeking accommodation for their growing business’ and to shelter from escalating rents. This has had some dampening effect on rental growth in the last year after...


October 2017 – BRIEF: Gladstone Commercial Market
12 October, 2017 / Vanessa Rader and Andrew Allen / Download Research

The Gladstone commercial markets have been heavily hit during the post LNG period in 2012 and beyond. The city saw a huge investment in infrastructure prior to this which saw the population swell and need for accommodation result in huge price escalation and low vacancy. Commercial markets also saw a renaissance during this period with a vibrant city centre seeing retail rebound with high occupancy and demand to invest. Similarly the commercial and industrial markets were in high demand with...


October 2017 – North Moreton Industrial Overview
12 October, 2017 / Vanessa Rader and Ashley Rees / Download Research

The North Moreton Region has grown in appeal in recent years, with the development of North Lakes and growing demand from local business leading to increased owner-occupier sales volumes and limited quality vacancies. The result is a continuing trend of strengthening rent rates, improving capital values and reducing yields. This region consists of the Northern portion of the Moreton Bay local government area and includes the suburbs from North Lakes in the South through to Caboolture/Morayfield to the north and...


October 2017 -Parramatta Retail Sales & Development Overview
11 October, 2017 / Vanessa Rader and Joseph Assaf / Download Research

The suburb of Parramatta in the western suburbs of Sydney has gone through a massive rejuvenation and revitalisation in recent years, this continues across the Parramatta CBD with continued investment and confidence in the region and with many future plans it is likely to continue this momentum over the medium term. Home to the fourth largest metropolitan office market in Australia and boasting the lowest vacancy rate in Sydney; this highlights the prosperity of the region and the size of...


October 2017 – Brisbane Fringe Office Market Update
3 October, 2017 / Vanessa Rader and John Dwyer / Download Research

Brisbane Fringe office market has had a hard start to 2017 with the July 2017 results from the Property Council of Australia highlight an increase in vacancies to 14.4% after some slow reductions over the past couple of years. The last six months of 2016 saw some improvement in sentiment across the Brisbane office markets and as a result we have seen an improvement in business confidence with new tenants active as well as business expansion. This confidence has now...


September 2017 – Perth Industrial Sub 5,000sqm Leasing Market
25 September, 2017 / Vanessa Rader and Russ Parham / Download Research

Some encouraging signs have emerged for the Western Australian economy this year with some improvement in exports and increases in commodity prices. Unfortunately this growth is anticipated to be temporary in nature, furthermore hopes of improvements in employment, housing prices, retail trade and wage growth also put on hold. While the state continues to lose people to the eastern states putting a hold on population growth, there has been some overarching change in sentiment due to some construction increases and...


September 2017 – Melbourne Industrial Kingston LGA
19 September, 2017 / Vanessa Rader and Ryan Amler / Download Research

Activity levels across the Melbourne Industrial market have shown considerable uptick in 2017 after two years of limited investment. High demand for properties had been stifled by a shortage of available stock however improvements in these stock levels has resulted in strong compression in investment yields. The broader strong fundamentals of Melbourne including strong population growth, robust employment growth and continued high housing investment levels has all resulted in high market confidence which has fuelled this growing interest in commercial...


September 2017 – Brisbane CBD Office Market Update
18 September, 2017 / Vanessa Rader and John Dwyer / Download Research

The Brisbane CBD Office market sentiment continues to show uncertainty, with new jobs growth creation slow, and take up in office space negative for the first six months of 2017; all resulting in the total vacancy rate increasing to 15.7% (July 2017). These market conditions have translated into the fifth consecutive period of compression in capital values for the strata market, despite some turnaround in investment activity. While owner occupiers do feature in this market, private investors who are now...


September 2017 – Sydney CBD Office Market Update
11 September, 2017 / Vanessa Rader / Download Research

The Sydney CBD office market continues to surprise. While the supply and withdrawal phenomenon continues keeping stock levels stable, the construction on the skyline and disruption to the city has been a greater than ever envisaged. Demand has held keeping vacancies stable at their low rate of 5.9% and after remarkable rental increases the outlook for this continuing now looks a little more uncertain. Affordability is a big issue for many tenants in the CBD faced with huge rental hikes and...


September 2017 – Parramatta CBD Office Market
11 September, 2017 / Vanessa Rader and Joseph Assaf / Download Research

The Parramatta CBD office market has been one of the strongest performing asset classes across Australia. These quality results have continued into 2017 keeping vacancies the second lowest in the country at just 4.3%. Parramatta CBD however is still within a construction phase with over 180,000sqm of office stock currently under construction and poised to enter the market in the next few years. With vacant options limited and the current high employment demand, rents have seen upward momentum while the...